Company Profile
Oregon Mutual Insurance
Company Overview
Established in 1894, we are the oldest independent mutual insurance company west of the Mississippi. We serve the personal, business, and farm insurance needs of people in Oregon, Washington, California, Idaho, and Nevada. Oregon Mutual Insurance has an Excellent rating and a Stable Outlook based on the A.M. Best's Key Rating Guide. This means that we have demonstrated stability, management expertise, and the ability to meet our financial obligations.
Company History
Thirty-five years after Oregon became a state, Oregon Mutual Insurance Company was founded by a local group concerned about the affordability of insurance. They wanted their own company, one that understood the needs of the local people in the West. “Insurance of the people, by the people and for the people” was their motto. They organized a “Mutual” insurance company based on the concept that policyholders are the owners - and their needs come first.
Benefits
Paid Personal Leave
With this program you can collect all of your PPL hours and use them for any reason you like. You can even accrue up to 360 total hours, giving you the flexibility to have the time off you need when you want it. Employees begin accruing paid personal time from their first day and are eligible to use it after the first six months of employment.
401(k)
To help you prepare for your financial future, Oregon Mutual offers a 401(k) savings plan with two opportunities to save for your retirement! Oregon Mutual will match 50% of the first 8% of your pre-tax pay contributions. In addition, Oregon Mutual provides a direct contribution of 4.25% of your eligible earnings each pay period.
Tuition Reimbursement
Take courses, earn a degree, and advance your career. Oregon Mutual makes it easy with our tuition reimbursement plan. With your manager’s approval, the plan reimburses you 75% of the cost for undergraduate and graduate courses, up to $21,000. You are eligible for the plan once you’ve been a regular full-time or part-time employee for six months.
Medical Coverage
Our Plan offers coverage for health and prescription needs through the Providence Network, and you are eligible to enroll the first of the month following your date of hire. The plan is offered to full-time and part-time regular employees scheduled and working 20 or more hours per week.
Health Reimbursement Account (HRA)
Through our Health Reimbursement Account plan, Oregon Mutual offsets the deductibles incurred under the Health Plan that exceed $1,000 per member/$3,000 family. We do this by reimbursing 80% of $2,000 per individual or 80% of $6,000 per family.
Employee Assistance Program (EAP)
The Providence EAP is available to all regular OMI employees and their eligible dependents. This is a confidential service to assist with family concerns, relationship conflict, career change or other personal issues.
Dental Coverage
Our Plan offers a dental plan through ODS that you are eligible to enroll in the first of the month following your date of hire. The plan is offered to full-time and part-time regular employees scheduled and working 20 or more hours per week.
Vision
Vision Services Plan (VSP) has a network of vision care providers that offer discounts to members that can lower your out of pocket costs. The plan is offered to full-time and part-time regular employees scheduled and working 20 or more hours per week, beginning the first of the month following your date of hire.
Wellness Program
The OMI Wellness Program is a comprehensive program designed to encourage and support the health and well-being of our employees. Our on-site workout facility is one way for our employees to reach and maintain their health goals.